PFIE (PFIE) Correlation Distribution
Across 6,797 rolling correlation observations between PFIE (PFIE) and other NASDAQ-listed stocks, 38.5% are positive and 61.5% are negative. The most common correlation range is -0.5 to -0.4, and the average pairwise correlation is -0.073, indicating a near-neutral relationship. Strong positive correlations (≥0.7) account for 3.5% and strong negative correlations (≤−0.7) for 0.4%.
- Total observations
- 6,797
- Mean correlation
- -0.073
- Most common range
- -0.5 to -0.4
- Positive pairs
- 38.5%
- Strong positive (≥0.7)
- 3.5%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 12 | 0.2% | |
| -0.8 to -0.7 | 12 | 0.2% | |
| -0.7 to -0.6 | 572 | 8.4% | |
| -0.6 to -0.5 | 572 | 8.4% | |
| -0.5 to -0.4 | 900 | 13.2% | |
| -0.4 to -0.3 | 900 | 13.2% | |
| -0.3 to -0.2 | 451 | 6.6% | |
| -0.2 to -0.1 | 450 | 6.6% | |
| -0.1 to 0.0 | 308 | 4.5% | |
| 0.0 to 0.1 | 307 | 4.5% | |
| 0.1 to 0.2 | 263 | 3.9% | |
| 0.2 to 0.3 | 262 | 3.9% | |
| 0.3 to 0.4 | 295 | 4.3% | |
| 0.4 to 0.5 | 294 | 4.3% | |
| 0.5 to 0.6 | 480 | 7.1% | |
| 0.6 to 0.7 | 480 | 7.1% | |
| 0.7 to 0.8 | 120 | 1.8% | |
| 0.8 to 0.9 | 119 | 1.8% | |
| 0.9 to 1.0 | 0 | 0.0% |
Frequently asked questions
What is the average correlation of PFIE?
PFIE (PFIE) has an average correlation of about -0.073 with other NASDAQ stocks, based on 6,797 pairwise observations.
Is PFIE positively correlated with other stocks?
Not predominantly — 38.5% of pairs are positive and 61.5% are negative. Strong positive correlations (≥0.7) make up 3.5%.
What is the most common correlation range for PFIE?
The most common range is -0.5 to -0.4. Weak correlations (−0.3 to 0.3) account for 30% of all pairs.
Explore the full interactive correlation distribution for PFIE.
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